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paying your tax this is week, listen up. we'll talk about you who you might be able to catch a break in the future with an alternative mmximum tax. hmmm, i like the idea of that. you can only pay the government a certain amount and not a penny more, dammit. but what is the threshold? we are playing music. are we doing a segment? let's bring in john cochran, professor at university of chicago boothe school of business. he wrote a editorial of this we have peter morici. he is one of our favorite economists of course. john, explain this concept to me. this is your idea. what's the idea behind this? that after a certain point it is harming the economy to pay too much tax? >> yeah. we all know that. the other point is that we have a big fragmented tax system. so i want to add up not just federal income taxes but there is federal, state income taxes, local income taxes, property taxes, estate taxes real estate transer it taxes, sales taxes. taxes you pay for your employees. when you add it up you're likely paying more than you think. the alternative minimum tax to make sure people don't en
director, douglas holtz-eakin. we could be hit with an individual security tax. he will explain when he joins tracy byrnes and adam shapiro the next hour of fox business. don't miss it. [ male announcer ] in your lifetime, you will lose 3 sets of keys 4 cell phones 7 socks and 6 weeks of sleep but one thing you don't want to lose is any more teeth. if you wear a partial, you are almost twice as likely to lose your supporting teeth. new poligrip and polident for partials 'seal and protect' helps minimize stress, which may damage supporting teeth, by stabilizing your partial. and 'clean and protect' kills odor-causing bacteria. care for your partial. help protect your natural teeth. care for your partial. if you've got it, you know how hard it can be to breathe and man, you know how that feels. copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhal
. neither democrats nor republicans seem to like it. republicans won't have any of mr. obama's tax hike and higher spending andteams upset the president wants smaller indecrease in payment to retiree. the $3.7 trillion proposal amounts to the largest budget in american history. it doesn't come close to balancing, deficits in perpetuity. the president looking for easy win on gun control and looking for congress to produce the first major fun control legislation in two decades. but it's unclear what the president can get through congress. they agree there is no chance of passage for limit on magazines and the rest is window dressing on an issue that the country takes more seriously than the president originally estimated. he will take all of that up with ted cruz who emerged on the first year in washington as one of the party's national leaders. wayne lapierre will join us as well. other stories, kim jong un taking his bellicose rhetoric to new heights issuing daily threats against the united states and south korea. fox news military analyst, four-star general jack keane weighs in. >> sen
bad policies coming out of washington. i mean, these things should be-- we should be lowering tax rates and broadening the tax base and controlling spending where it should be controlled and having free trade, minimal regulations, but we're going in the wrong direction, stuart. i think you're right. >> what about that question about everybody printing money? well, they are, we know that, but, i don't think it's working this time around. it's just not, you know, juicing the stock market like it used to. >> i don't think it used to so i agree with you totally. you can't push on a string and they have been trying to push on a string and if you look at it this is the single worst u.s. recovery in history and obviously, it's the largest single monetary expansion in history. and obviously, they don't work, they just don't work and he's grasping at straws and god knows what type of real problems we'll have down the road when all of this comes home and we have to reverse it. >> art, you've been on this program frequently, recently saying watch out. that election coming up next year, that
schooling the most you will see that you might see your property tax bill. even that, you have the fuse that cost through lots of people who don't have children. also sales taxes. so you don't know the price of all the things you're demanding the sound good. and theorst part is ultimatel even a good sounding things don't produce good results. john: thank you. next protest in wisconsin? these people are part of the blob. most remember the teachers' union. they lost this fight. two years later we can see the results. so what are they? so what are they? that's n the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone but her... no. no! no. ...likes 50% more cash. but i don't give up easy... do you want 50% more cash? yes! yes?! ♪ [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. ♪ what's in your wallet? why? and we've hit the why phase... ♪ [ male announcer ] every car we build must make adrena
of mitt romney of not paying his taxes. by golly, they get away with it. at some point here facts are going to begin to matter to the american people. your nose? maybe, maybe, just maybe we were right. now, when the president calls on citizens who want to preserve their constitutional rights and the nra lyres, i think we're getting pretty close to the point. i think if you try much harder, mr. president, we will get there. when things get crazy they get crazier. and elvis impersonator arrested. "dobbs law" next. disappointing economic reports and earnings driving the maetet's lower. a former ceo of the dnc, john allison's eyes this to tell us what it means. the gang of eight makes its pitch for emigration reforms. the secretary of state, chris go back tells us why it is just one big, bad idea. ♪ ♪ [ male announcer ] a car that can actually see like a human, using sterecopic cameras. ♪ and even stoitself if it h to. ♪ the technology may be hard to imagine. but why you would want it... is not. the 2014 e-class. it doesn't just see the future. it is the futu. would absolutely
months. i worry about the tax hike on the not only well to do but tax hike on every dollar on obamacare and other things. if anything that will affect things i doubt this will. gerri: rc. this is already one event too many for me. what do you say? >> bingo. >> consumers are driven most what is happening to their biggest asset. for most people the biggest asset is their house. is it appreciating depreciating? is it above water or below water? that will be big part of what drives consumer sentiment? how safe is their jobs? are they getting raising or people being laid off. that will drive consumer sentiment. gerri: certainly important issues. jordan back to you, when you look at the past what is response from consumers? >> certainly after 9/11 there was dramatic decrease in consumer activity. peopleut back on spending. gerri: recession. >> that happened at that time. this isn't that. it is a one-shot event at least at moment. if there are other events that would affect things much more. this is not as big as 9/11 but people definitely pull back when these things happen. gerri: gary to you
with the worst health care coverage. topping that list, mcallen taxes . you can always check it out. foxbusiness.com. see what is trending. well, later in the show, small-business is spending a lot of time and resources and social media. is there investment paying off? unions going through labor pains getting desperate for more numbers. and so you here where they're looking now. ♪ my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we createlegalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. very logical thinker. (laughs) i'm telling you right now, the girl back at home would absolutely not have taken a ziline in the jungle. (screams) i'm really glad that girl stayed at home. vo: expedia helps 30 million travelers a month find what
it iwith higher taxes elsewhere, which will shed jobs. john: each green job cost $175,000 each per job? >> if you really want jobs, you can make an argument in a crisis toubsidize jobs in the short run. you can get many more jobs if you focused on infrastructe or hospitals or other things where you would create a lot of great benefits and more jobs. john: you dispute this using wind power tcreate the same amount as nuclear plants are you in need to cover the state of rhode island. >> wind turbines are much less efficient partly because they take up a lot of space. john: and they're more efficient than the solar. >> they only work aboutne fourth of the time. you have to build a lot of backup power. the fuel is free, so potentially we couldet to a stuation where we are beneficial. but we are not there yet. john: but we are spending like we are. >> a lot of people, global warming, we have to do something now. actually global warng, we have to find smart ways to make sure we can get everybody on board, not just rich, but we can find technology that will be so cheap the chinese and the indi
Search Results 0 to 8 of about 9